At global economy level, changes occurred, consisting in transferring production abroad, owing to the comparative advantages of moving production to China or other developing countries, which translate into cost reductions at production level and, implicitly, into price advantages. The...

The multitude of difficult national problems, of economic, financial, social, cultural nature etc. deepened and intensified in the Member States of the euro area, in the current context of the global financial and economic crisis, have generated, in many states, the emergence and the...

The paper presents the main financial innovations such as: floating-rate notes, adjustable-rate mortgages, financial derivatives, junk bonds, securitization, collateralized debt obligations (CDO). We consider that the CDO are the main responsible for the present financial crisis and this is the...

Effects of the worst crisis since the Great Depression are still being felt throughout the world. While emerging economies have found their way out, due to sound economic fundamentals, developed economies are still struggling. The crisis unfortunately proved the damages caused to real economy by...

The financial crisis of 2007-2008 has brought to light the liquidity problem of the financial system. Trying to solve this challenge, the members of the European Monetary Union were confronted with the sovereign debt crisis, which exacerbated the gravity of the initial situation. This paper...

The financial crisis that began in the United States in 2008 quickly spread across Europe and eventually affected all global economic activity and financial systems.The Arab World was also hit by the global financial crisis, but the impact varied among its countries by the nature and structure...

This paper advances general solutions that should be considered by governments to overcome the financial crisis. The core of this paper focuses on the measures undertaken by the Government Boc and also on the measures proposed by the foreign investors in Romania. The author suggests a number of...

In the following paper we have started from the premises that in the “money-wash” phenomenon analysis, the resulted money circulate in the entire world, through some geographic and institutional channels. Starting from the fiscal paradise characteristics we have accomplished a parallel...